Written by a leading author in the field, this book, containing rigorous hard evidence, is of practical use to those studying or working in the pioneering cap-and trade market to reduce emissions in a more flexible and cost-effective manner.
Written by a leading author in the field, this book, containing rigorous hard evidence, is of practical use to those studying or working in the pioneering cap-and trade market to reduce emissions in a more flexible and cost-effective manner.
Richard Kosobud, Houston Stokes, Carol Tallarico, Brian Scott
Inhaltsangabe
1. Introduction 2. The Political Economy of the Chicago Market 3. Expectations and Actual Performance 4. Traditional Regulations and Market Incentives 5. Simulated Performance of Alternative Market 6. Explaining Unanticipated Market Performance 7. Hot Spots, Spikes, and Emissions Trading 8. Alternative Market Designs: The Experimental Approach 9. Conclusions and Policy Recommendations for Market Redesign Appendix A. Measurement of Daily Ozone and Precursor Concentrations and Selected Meteorological Variables Appendix B. Explanation of Generalized Least Squares (GLS) and Generalized Additive Models (GAM) Estimation Techniques
1. Introduction 2. The Political Economy of the Chicago Market 3. Expectations and Actual Performance 4. Traditional Regulations and Market Incentives 5. Simulated Performance of Alternative Market 6. Explaining Unanticipated Market Performance 7. Hot Spots, Spikes, and Emissions Trading 8. Alternative Market Designs: The Experimental Approach 9. Conclusions and Policy Recommendations for Market Redesign Appendix A. Measurement of Daily Ozone and Precursor Concentrations and Selected Meteorological Variables Appendix B. Explanation of Generalized Least Squares (GLS) and Generalized Additive Models (GAM) Estimation Techniques
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